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From: Ralph Corderoy <ralph@inputplus.co.uk>
To: tuhs@tuhs.org
Subject: [TUHS] Wills.  (Was: Sad but not unexpected news about the LCM-L)
Date: Wed, 26 Jun 2024 10:22:12 +0100	[thread overview]
Message-ID: <20240626092212.783A7218D8@orac.inputplus.co.uk> (raw)
In-Reply-To: <20240626012958.GH23135@mcvoy.com>

Hi,

Larry wrote:
> So I gave him my third but it is a pain in the butt.  You can only
> gift so much each year without a tax implication.  

AIUI, in the UK, a ‘deed of variation’ can alter the will's wishes as
long as all beneficiaries sign.

> any kid can yield any portion to whoever they want and it is as if you
> wrote that into the trust/will.

That's open to sibling A pressuring B to yield without C-F knowing until
too late.  Whereas if A-F have to sign then some of C-F may stand up to
the bully, knowing what A's like.

-- 
Cheers, Ralph.

  parent reply	other threads:[~2024-06-26  9:22 UTC|newest]

Thread overview: 16+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2024-06-25 18:17 [TUHS] Sad but not unexpected news about the LCM-L Clem Cole
2024-06-26  0:56 ` [TUHS] " Aron Insinga
2024-06-26  1:29   ` Larry McVoy
2024-06-26  3:34     ` [TUHS] Re: Trust stuff, " John Levine
2024-06-26  9:22     ` Ralph Corderoy [this message]
2024-06-26  1:42 ` [TUHS] " George Michaelson
2024-06-26 17:22   ` aki
2024-06-26  1:44 ` Paul Guertin
2024-06-26  1:46   ` Dan Cross
2024-06-26  2:46     ` Paul Guertin
2024-06-26  5:36     ` Lars Brinkhoff
2024-06-26 14:30       ` [TUHS] Planning for the future was " Will Senn
2024-06-26 15:18         ` [TUHS] " Al Kossow
2024-06-26 21:57         ` [TUHS] Re: Planning for the future Warren Toomey via TUHS
2024-06-30 13:05           ` Will Senn
2024-06-26 16:56       ` [TUHS] Re: Sad but not unexpected news about the LCM-L aki

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